Payment Delays in China Have Increased, Says Coface’s CEO

The video discusses the global economic slowdown since 2017, highlighting trade tensions between the US and China. It covers the impact on payment delays and insolvencies, particularly in the UK and US. The trade credit insurance business is performing well despite these challenges, with a focus on agility and risk management. The video also analyzes sectoral impacts, especially in China, and discusses the strategic importance of Asia as a growth market.

What has been a significant economic trend since 2017?

• Decrease in payment delays

• Slowdown in the global economy

• Stability in trade relations

• Rapid global growth

Which country experienced a 10% increase in insolvencies last year?

• France

• United States

• United Kingdom

• China

What is the company's growth in premiums this year?

• 7-8%

• 1-2%

• 3-4%

• 5-6%

Which sector in China is now facing difficulties due to trade tensions?

• Technology

• Healthcare

• Automobile

• Finance

What has been the impact of political risks in Hong Kong?

• Increased tourism

• Economic growth

• Economic impact on tourism and retail

• Stability in trade

What is the key strategy for businesses in today's unpredictable world?

• Focusing on one scenario

• Agility

• Reducing investments

• Ignoring global events

Why is Asia considered a growth market for the company?

• It is the smallest market

• It has no political risks

• It has a declining economy

• It is home to many exporters